Workshops in the series
Current sessions of the Forum are looking at the practical implications of IFRS 9 Financial Instruments for corporates. The new standard, which provides requirements on recognising and measuring financial assets and financial liabilities, came into effect on 1 January 2018 and brings a number of changes to these basic areas for many companies.
These workshops will help you understand the requirements, anticipate the challenges and implement the standard effectively.
Who should join?
Chief Financial Officers and Financial Controllers, along with the Project Leader and/or members of the Finance Team, of large and listed companies. Members should be prepared to contribute.
For more information, or if you would like to join, please contact email@example.com
Sessions have covered IFRS 15 Revenue from Contracts with Customers, IFRS 16 Leases and IFRS 9 Financial Instruments. Summaries of specific issues that have been discussed previously can be downloaded below.
JUNE 2018 - IFRS 9: At the first session to focus on IFRS 9, we looked at: navigating the new financial asset classifications; application of the expected credit loss model for corporates; and, the impact of refinancing a loan under IFRS 9.
JULY 2017 - IFRS 16: This session looked at the perceived challenges and practical implications of IFRS 16 with focus on the key drivers of determining whether your contract is in or out of the new leases standard.
SEPTEMBER 2017 – IFRS 16: This session covered factors concerning lease payments and measurement of the right of use asset and lease liability; advantages and disadvantages of the transition approach options; and lease databases and accounting software.
NOVEMBER 2017 – IFRS 16: The latest session focused on lease payments and measurement of lease liability, and the advantages and disadvantages of the transition approach options.